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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:25 UTC

Tag: Chile lithium production

  • Thursday, December 28th 2023 - 09:04 UTC

    Chile's state-owned Codelco strikes deal with SQP for lithium extraction

    “We are fulfilling the task of ensuring the state's participation in the extraction of the so-called white gold,” Boric celebrated

    Chilean President Gabriel Boric Font Wednesday celebrated a new agreement between the state-owned National Copper Corporation (Codelco) and Sociedad Química y Minera (SQM) to create a public-private partnership to exploit the country's lithium, with the state as the main shareholder, it was reported in Santiago.

  • Friday, October 12th 2018 - 09:05 UTC

    Chile wants lithium traded on the London Metals Exchange

    LME asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for cash-settled contracts it plans to launch

    Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.

  • Thursday, August 9th 2018 - 08:10 UTC

    Chile doubles lithium carbonate exports: strong demand and prices

    The value of exports of the metal from Chile, one of the world’s top producers of hole jumped 51% in the first seven months of the year

    Chile’s exports of lithium carbonate reached US$ 85 million in July, more than double that of the same month the previous year, as demand and prices for the key component in electric vehicle batteries continues to rise, the central bank said in a release.

  • Monday, January 8th 2018 - 09:19 UTC

    Argentina and Chile forecasted to lead global lithium production

    BMI expect both Argentina and Chile to drive global lithium production, along with Australia, over the next decade

    A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019.